UK's Rich Increase Stake in Economic Pie
The wealth of the richest people in the UK has increased compared to last year, according to British newspaper the Sunday Times

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Sunday Times Rich List 2010: Britain's Richest See Wealth Rise by One Third
THE TELEGRAPH: The collective wealth of Britain’s 1,000 richest people has increased by almost a third in the past year despite the uncertain economy, according to the Sunday Times Rich List 2010.

The multimillionaires are worth £335.5 billion, up £77.265 billion (29.9 per cent) on last year, according to the latest edition of The Sunday Times’ Rich List 2010.

The rise is easily the largest annual increase in the 22 years that the survey has been carried out.

In 1997, when Labour came to power, the collective wealth of the then richest 1,000, was just £98.99 billion. In total, the number of billionaires in this year’s list has risen from 43 to 53.

The findings are likely to prove controversial, coming just ahead of the general election and with spending cuts and tax rises expected from whichever party wins.

Top of the Sunday Times Rich List 2010 again is Lakshmi Mittal, the steel tycoon, whose fortune has more than doubled from £10.8 billion last year to £22.45 billion.

He is followed by: Roman Abramovich, the oil and industry magnate and owner of Chelsea FC, worth £7.4bn - up six per cent on last year; the Duke of Westminster, the property owner, now worth £6.75bn, an increase of four per cent; and Ernesto and Kirsty Bertarelli, whose £5,950 million wealth, based on pharmaceuticals, has increased by 20 per cent. Kirsty Bertarelli is also considered the richest woman in the list. >>> Jasper Copping | Saturday, April 24, 2010

So You Want to Get On The Sunday Times Rich List, Eh? Watch This!

The Dawning of a New Dark Age (Paperback - UK)
The Dawning of a New Dark Age (Hardback - UK)

Britain’s Rich Have Got Much Richer under Labour
THE SUNDAY TIMES: The richest 1,000 people in Britain have seen their wealth quadruple under Labour, according to The Sunday Times Rich List published today. Even under Gordon Brown’s brief premiership their fortunes have soared by 15%, just as the financial squeeze and faltering house prices have hit ordinary people.

The collective wealth of the 1,000 richest has jumped to £412 billion, up from £99 billion in 1997. Total net wealth during the same period has slightly more than doubled.

“The 11 years of Labour have been absolutely fantastic for the super-rich,” said Philip Beresford, compiler of the list. “Having a friendly Labour government has almost been better than having a Tory one; it has neutered politicians on the left.”

The wealthiest man in Britain is the steel magnate Lakshmi Mittal whose fortune has rocketed to £27.7 billion, up from £19.25 billion last year, thanks to strong global demand for steel. Mittal is now the sixth richest person in the world and far ahead of any other billionaire in Britain. Rich List Reveals Wealthy Reap Profits under Labour >>> By Richard Woods | April 27, 2008

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Behind the scenes of The Sunday Times Rich List >>>

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FORBES.COM:
The World’s Billionaires Edited by Luisa Kroll and Allison Fass

The Dawning of a New Dark Age (Paperback - UK)
The Dawning of a New Dark Age (Hardback - UK)